Today our eyes were glued to the throne. This sign is designed to revolutionize the market of social networks, adding a new trend in the world of Internet technologies.

Tron technology is a distributed network that allows users to access entertainment content from anywhere without the help of intermediaries. The reward for posting Content will come directly from the audience and depend on its popularity.

In 2018, the tron blockchain launched the Mainnet Protocol. Its own network, independent of Etherium, is capable of processing 80 times more transactions than Etherium. The Protocol assumes transaction speeds of up to 2000 per second and very low fees of $ 0.0000001.
Tron supports the solidity programming language and can transfer smart contracts from the Etherium network to its network. Since the speed of transactions in the Tron network is much faster than Etherium, the popularization of the Tron network is a matter of time.
On a global scale, the coin is very interesting both in terms of functionality and development prospects. The project has more than 800 nodes around the world, which indicates sufficient decentralization.
At the moment, the capitalization of the coin is 1,312 billion dollars.
The market trades about 65% of the total word consumption. Of course, the throne reached its peak ($0.278030) in January 2018, but after that the rate fell and currently stands at $0.019958.
The technical picture suggests that the price of the token is in the zone of strong oversold . With the General decline of the market, it may fall to 0.00000216. This level of value in this case acts as a support and moves up the corner of Gunn 8/1.
The coin has a good reason to reach the 0.00000354 level in the near future. Next, the target levels will be 0.00000442, 0.00000552 and 0.00000672. The last level will complete the correction to decrease from the maximum value of 23.6%.

Our recommendation is Long from 0.00000322. The objectives mentioned above. It makes sense to split the purchase into 2 parts. Add the position in the case of the decline to the support level .

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Comment:
Since we published our review on the TRX/BTC pair, our target of 0.0000354 has been achieved. Within a different wave pattern, we see that the price can go even higher and draw an exemplary 5 wave with the same remaining targets of 0.00000442, 0.00000552, 0.00000650. In general, the situation on the market is characterized by such infoglut which does not allow us to understand where the market will be by the end of the year. However, technical patterns of a double bottom and an inverted H&S in almost all altcoins show that the reversal has already occurred. We are waiting for growth! On the way to these goals, we suggest you follow our short-term recommendations. Subscribe to our updates!